The House Rules Committee has proposed establishing a new Committee on Financial Services, abolishing the Committee on Banking and shifting securities and insurance issues from the Commerce Committee to the new forum. The new plan, revealed in the committee’s outline of rules for the next Congress, and in direct response to last year’s overhaul of financial services, is expected to be considered this week in the House of Representatives after lawmakers are sworn in.
Topics USA Legislation
Was this article valuable?
Here are more articles you may enjoy.
US House Passes Bill to Extend Federal Terrorism Backstop Through 2034 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio 
